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A 2008 report (pdf) found that the degree of formalisation was a key factor in determining the success of peer mentoring programmes.
And our data confirmed that formalisation was increasing together with the growth of teams.
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The formalisation is achieved by the concept of House of Quality.
The formalisation is based on the event calculus, a well-known formalism for reasoning about action.
It therefore seems as though policies to encourage formalisation are well-intended, the best recipe for shrinking the informal sector is economic growth.
This formalisation is a necessary step in order to exploit the knowledge efficiently, but is not sufficient in itself.
For that purpose, several concepts, and some related elements of formalisation, are presented in this paper to built up an approach supporting this management of evolution.
The trend to formalisation is largely a result of the greater availability of bank credit and equity capital on the one hand, and recent changes that make it easier to register micro-businesses on the other.
Conclusions: (1) the formalisation is a challenging problem, (2) experts from other domains will gain from explicit representation of aims behind the law, (3) analysis of the structure of law is not enough; the studies of the content of law are required, too.
For the semantic web, such formalisation is typically performed by encoding the data using eXtensible Markup Language (XML).
The developed formalisation is axiom free, that is, all necessary results and properties were integrally proved in Coq.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com